cios: harnessing data for business competitive advantage

Post on 28-Jun-2015

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Thomas H. Davenport suggests that businesses with a right to win increasingly are competing on analytics. But what do CIOs need to do in order to enable their firms to compete on analytics?

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CIOs: Harnessing Data for Business Competitive Advantage

CIOs believe “competing on analytics” has becoming a business axiom and a place to finally drive the allusive business-IT alignment

Yet most believe data is still not a competitive advantage in their organizations

Data Intake

Storing Data

Processing of Data

Analyzing Data

Most CIOs says their technical integrations are incomplete, fragile, and difficult to maintain

Many CIOs say basic “data hygiene” functions are not completeThis means they have questionable data that has to be manually correction instead of accurate information for decision making.

6

The rate of business change means user need data soonerCIOs say they need to provide the ability to data prototype before spending the $s to create a data warehouse

Providing corporate data for the first time on any device means protecting access and data like never before

Data should not simply slip off an endpoint device

New Big Data Implementations put all the eggs in one basketBig Data demands new data access and masking protection

Eight steps data-driven CIO need to take

1. Work with the business to establish data owners

2. Work to get data their businesses can use3. Make it faster and easier to pull knowledge

out of data4. Enabling integration with new sources of

data5. Establish unified data governance across all

data sources6. Focus analytics investment on the right

business problems7. Enable business decision makers to

discover and use data8. Use these steps to elevate the value of the

IT

Data Driven CIOs will win• Increase their

longevity• Demonstrate greater

business relevance• Achieve better IT-

business alignment• Help their businesses

manage and make better decisions

Learn more about our research of CIOs

The Secret To Being A Successful CIO

Driving IT Business Alignment: One CIOs Journey

How Is The CIO Role Starting To Change?

The CIO Challenged

How CFOs can change the conversation with their CIO?

Informatica

Informatica is focused on helping customers solve their data problems and turn their data into a business asset. Given our focus upon all things data, we offer the broadest range of data solutions. Our solutions are ranked consistently as leading by industry analysts as well we consistently ranked as one of the best companies for customer support.

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